HYG:ARCA-iShares iBoxx $ High Yield Corporate Bond (USD)

ETF | High Yield Bond | NYSE Arca

Last Closing

USD 77.9

Change

+0.41 (+0.53)%

Market Cap

USD 15.89B

Volume

0.03B

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to track the investment results of the Markit iBoxx? USD Liquid High Yield Index (the "underlying index"). The underlying index is a rules-based index consisting of liquid U.S. dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the underlying index.

Inception Date: 04/04/2007

Primary Benchmark: Markit iBoxx Liquid High Yield TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.5%

Management Expense Ratio: 0.49 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for High Yield Bond

Symbol Name Mer Price(Change) Market Cap
JNK SPDR® Bloomberg High Yield Bo.. 0.40 %

+0.31 (+0.33%)

USD 8.43B
SHYG iShares 0-5 Year High Yield Co.. 0.30 %

+0.11 (+0.26%)

USD 5.78B
SJNK SPDR® Bloomberg Short Term Hi.. 0.40 %

+0.05 (+0.20%)

USD 4.55B
HYLB Xtrackers USD High Yield Corpo.. 0.20 %

+0.10 (+0.29%)

USD 3.05B
HYGV FlexShares® High Yield Value-.. 0.37 %

+0.11 (+0.26%)

USD 1.47B
HYS PIMCO 0-5 Year High Yield Corp.. 0.56 %

+0.19 (+0.21%)

USD 1.28B
PHB Invesco Fundamental High Yield.. 0.50 %

+0.07 (+0.39%)

USD 0.68B
FDHY Fidelity® High Yield Factor E.. 0.45 %

-0.12 (-0.26%)

USD 0.29B
HYGH iShares Interest Rate Hedged H.. 0.05 %

+0.15 (+0.18%)

USD 0.23B
HYDW Xtrackers Low Beta High Yield .. 0.25 %

+0.14 (+0.30%)

USD 0.22B

ETFs Containing HYG

HYGH iShares Interest Rate Hed.. 94.48 % 0.05 %

+0.15 (+0.79%)

USD 0.23B
CAOS 64.52 % 0.00 %

N/A

N/A
HYTR CP High Yield Trend ETF 29.72 % 0.00 %

+0.06 (+0.79%)

USD 8.41M
HFND Tidal ETF Trust - Unlimit.. 20.25 % 0.00 %

-0.02 (0.79%)

USD 0.04B
IYLD 19.87 % 0.00 %

N/A

N/A
MAPP Harbor ETF Trust 4.63 % 0.00 %

+0.17 (+0.79%)

USD 3.68M
BRLN 3.42 % 0.00 %

N/A

N/A
GROW:AU Schroder Real Return (Man.. 3.04 % 0.00 %

-0.01 (0.79%)

USD 0.05B
FLRT Pacer Pacific Asset Float.. 0.26 % 1.10 %

+0.01 (+0.79%)

USD 0.24B
AGGP 0.00 % 0.21 %

N/A

N/A
CHB:CA 0.00 % 0.56 %

N/A

N/A
NFLT Virtus Newfleet Multi-Sec.. 0.00 % 0.80 %

+0.02 (+0.79%)

USD 0.09B
PBD:CA Purpose Total Return Bond 0.00 % 0.72 %

N/A

CAD 0.01B
PIN:CA Purpose Monthly Income Fu.. 0.00 % 0.72 %

N/A

CAD 5.58M
PMM:CA Purpose Multi-Strategy Ma.. 0.00 % 1.05 %

+0.20 (+0.79%)

CAD 0.03B
QED 0.00 % 0.76 %

N/A

N/A
QGTA 0.00 % 0.37 %

N/A

N/A
RFUN 0.00 % 0.51 %

N/A

N/A
SYLD:CA Purpose Strategic Yield F.. 0.00 % 1.22 %

-0.14 (0.79%)

CAD 0.07B
UJB ProShares Ultra High Yiel.. 0.00 % 0.95 %

+0.39 (+0.79%)

USD 6.69M
PRP:CA Purpose Conservative Inco.. 0.00 % 0.71 %

N/A

CAD 0.95M
EXGB:CA 0.00 % 0.95 %

N/A

N/A
EXGG:CA 0.00 % 0.95 %

N/A

N/A
1497:TSE iShares USD High Yield Co.. 0.00 % 0.00 %

N/A

USD 18.42B
CROP:CA Purpose Credit Opportunit.. 0.00 % 0.00 %

N/A

CAD 0.22B
CDX Simplify Exchange Traded .. -100.60 % 0.00 %

+0.03 (+0.79%)

USD 0.11B

Market Performance

  Market Performance vs. Industry/Classification (High Yield Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.66% 65% D 37% F
Dividend Return 1.06% 41% F 57% F
Total Return 1.72% 53% F 38% F
Trailing 12 Months  
Capital Gain 4.85% 82% B 42% F
Dividend Return 5.02% 35% F 67% D+
Total Return 9.86% 47% F 43% F
Trailing 5 Years  
Capital Gain -9.91% 47% F 33% F
Dividend Return 19.13% 53% F 69% C-
Total Return 9.22% 65% D 37% F
Average Annual (5 Year Horizon)  
Capital Gain -3.13% 41% F 27% F
Dividend Return 0.79% 41% F 33% F
Total Return 3.92% 53% F 72% C
Risk Return Profile  
Volatility (Standard Deviation) 7.54% 47% F 86% B+
Risk Adjusted Return 10.45% 35% F 37% F
Market Capitalization 15.89B 100% F 88% B+

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.